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12 Dec
10:37

Chinese mills increase January flat steel offers

China's major flat steel mills have increased domestic flat steel sales prices for January 2024 to reflect their positive expectations for the market trend, Kallanish notes. According to the latest public information, Baosteel's hot-rolled coil (HRC) and thick-plate ex-works offers will gain CNY 200/t ($27.8/t) in January 2024, and pickled coil will see an increase of CNY 150/t. The steelmaker will also add CNY 100/t to the remaining flat steel products, i…
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